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MrRa [10]
3 years ago
15

Phân tích tác động của toàn cầu hóa đến công tác quản trị nhân lực trong các doanh nghiệp hiện nay

Business
1 answer:
masha68 [24]3 years ago
6 0

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Thomas Company uses the weighted-average method in its process costing system. The first processing department, the Welding Depa
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Answer:

Cost per equivalent unit for conversion costs for the month = $6.21

Explanation:

<em>The weighted average cost of valuation does not separate the opening inventory from the units newly introduced when accounting for completed units in a production period.</em>

<em>To determine the cost per equivalent units using Weighted Average Method, follow the steps below:</em>

<em>Step 1: Determine the equivalent Unit</em>

Completed units = 10,000+  60,000-19000= 51000

Items                                      Workings            Equiva. Units

Completed units    51,000    (51000 *100%) =          51,000

Closing WIP            19,000     19,000 * 70%)          =  <u>2,800</u>

Total Equivalent units                                             <u>64,300</u>

<em>Step 2 : calculate total conversion cost </em>

= 19,200 + $380,060 = 399,260

<em>Step 3 = Cost per Equivalent unit per conversion cost </em>

Cost per unit = Total conversion cost/total Equivalent units

=399,260 /64,300

= $6.21

Cost per equivalent unit for conversion costs for the month = $6.21

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Required: Journal entry
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If a cheque was being issued to settle a account payable, the relevant entry is to debit the accounts payable account to show that the debt is being reduced. You will then credit the cash account to show that cash is being reduced as well because it was used to pay off the debt.

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